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Brick Two-Family Duplex
For Sale
$1,199,999

134 20th Street, Brooklyn, NY 11232

Residential, Brooklyn, NY

Property Size1,125 SF
Lot Size0.04 Acres
Price / SF$1,066
Days on Market169

Property Features for 134 20th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M1-2D
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Patio and Porch features Patio, Porch
Interior features A/C Unit, A/C Unit - Window, Dryer, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer
Basement Finished
Subdivision Greenwood Heights
Standard status Active
Size 1,125 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3033

Amenities

private backyard
storage shed
basement laundry
front balcony

Building Details

Year built 1910
Floors in Building 2
Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Julixa Campusano
Added: Apr 25 Changed: Oct 10 Last Checked: Oct 10 at 11:06AM
MLS# 500825

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,125-square-foot brick duplex, built in 1910, contains two residential units. The second-floor apartment has two bedrooms and one bathroom, while the ground-level apartment provides one bedroom and one bathroom. Both units feature open living and dining areas, and the property includes hardwood flooring, an updated kitchen, window A/C, and a washer and dryer. A basement adds laundry and storage space.

Outdoor features include a front porch, balcony, private backyard, patio garden, and oversized storage shed. The 0.0358-acre property is located at 134 20th Street in Brooklyn, within the 11232 postal area, and carries M1-2D zoning. Shopping, dining, and public transportation are nearby, including access to the D, N, R, and W subway lines.

Key Highlights

  • Two‑unit configuration with a 2‑bedroom, 1‑bath apartment and a 1‑bedroom, 1‑bath apartment
  • 1,125 square feet on a 0.0358‑acre lot
  • Brick construction with hardwood flooring; built in 1910

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,399
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,980 $788.0K
Cap Rate 7%
$562,843 $562.8K
Cap Rate 9%
$437,767 $437.8K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$57.4K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$56.3K $50.03/SF
− OpEx
−$16.9K −$15.01/SF
NOI
$39.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,980
Cap Rate 7%
$562,843
Cap Rate 9%
$437,767

Alternative Uses

Best Use
Multifamily LT 5
$562.8K
$492.5K – $656.7K (±1% cap)
NOI $39,399 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K (±1% cap)
NOI $34,345 @ 7.0% cap · market cap 2.86%
Theoretical Best
Specialty Retail
$931.5K
$815.1K – $1.09M (±1% cap)
NOI $65,205 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Accounting Firm Catering Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,673
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate layouts, hardwood flooring, an updated kitchen, and private outdoor areas.
Where is this duplex located?
The property is located at 134 20th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two‑unit configuration with a 2‑bedroom, 1‑bath apartment and a 1‑bedroom, 1‑bath apartment; 1,125 square feet on a 0.0358‑acre lot; Brick construction with hardwood flooring; built in 1910
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